In response to Israel’s anticipated ground invasion of Gaza, JP Morgan CEO Jamie Dimon has issued a warning that we …
Singapore’s OCBC bank suffers a brief outage; shares gain 1%.
At 9.43 a.m. Singapore time, the bank said in a social media post on Facebook that it was facing “technical …
Goldman Sachs says chief of staff John Rogers should step back from his longtime role.
David Solomon, CEO of Goldman Sachs, said in an employee memo that “John Rogers, who joined Goldman in 1994 and …
Malaysia’s sovereign wealth fund seeks greater portfolio resilience in volatile markets.
Earlier in 2022, Khazanah’s net asset value declined 5% to 81 billion ringgit ($17.4 billion) in comparison to its previous …
Jamie Dimon, America’s top banker, has ‘no plans’ to run for office.
Speculation about Dimon’s political future erupts from time to time. The CEO is well-regarded in business circles for his leadership …
Jamie Dimon warns that souring commercial real estate loans could threaten some banks.
Deposit runs have caused the failure of three US banks this year, but another worry is looming. “There’s always an …
Japan’s SMFG will boost its stake in Jefferies to as much as 15%
On Thursday, a Japan-based financial group, Sumitomo Mitsui, said that it has planned to increase its stakes in a New …
Fed Governor, Bostic notices one more quarter-point rate hike, then a hold ‘for quite some time’.
Raphael Bostic mentioned during a live interview on CNBC’s “Squawk on the Street” that “One more move should be enough …
Singapore’s banking authority says the DBS outage was “unacceptable.”
Earlier today, shares of Southeast Asia’s largest bank, DBS Group, were down 1.4%, after a 10-hour outrage over its digital …
Sources say JPMorgan advised First Republic on strategic alternatives, including a capital raise
JPMorgan Chase is advising mobilized First Republic Bank on strategic alternatives, according to sources quoted by CNBC’s David Faber. The …